Casey's General Stores shares fall 10% following earnings release
CASY Casey's General Stores Inc
$692.13 +0.65%
View chart & analysis → - 1Casey's General Stores shares recorded a 10% decline following the earnings release.
- 2The company reported a 3.2% increase in comparable store sales (excluding gasoline) for the first quarter of fiscal year 2027.
- 3Casey's General Stores plans to open or acquire 120 new stores in fiscal year 2027.
So what's the key point?
Casey's General Stores shares fell by about 10 percent. While store sales grew by 3.2 percent, the stock price went down, and the company plans to add 120 more stores in the future.
Source The Motley Fool +1 · View original ↗
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